Soc Trang: Aquaculture area surges
(vasep.com.vn) Never has the area of aquaculture in Soc Trang risen as sharply as this year. Reports from People's Committee of Soc Trang reveals that total aquaculture farming area in the province in 2014 was approximately 60,000 hectares, of which brackish water shrimp accounted for over 42,000 hectares.
The area of defected shrimp farms, however, also increased by 12% year on year.
According to the Ministry of Industry and Trade, in 2014, Vietnam seafood exports reached US$ 6.5-7 billion, of which shrimp and pangasius were main products.
In contrast, exporting shrimp to the United States slowed down partly due to the result from period of review (POR8). It is noted that most shrimp products were high quality processed shrimp, therefore can find their own market.